Auchan sees revenue climb 3% in Hungary
French hypermarket chain Auchan said today that it expects revenue for the Hungarian subsidiary to rise by 3%.
Dominique Ducoux, chief of Auchan Magyarország, said the increase will be chiefly affected by sales during the last three months of the year.
The revenue of the Hungarian unit rose by 8% last year, climbing to HUF 324 bln. The unit is expected to spend HUF 5 bln on capital expenditures by the end of the year, with half of that being invested in its gas stations located adjacent to the supermarkets.
Richter Shareholders Approve HUF 423/Share Dividend
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
